The 2001 CIA World Factbook. United States. Central Intelligence Agency
Communist Party of Greece
or KKE [Aleka PAPARIGA]; New Democracy or ND (conservative)
[Konstandinos KARAMANLIS]; Panhellenic Socialist Movement or PASOK
[Konstandinos SIMITIS]
Political pressure groups and leaders: NA
International organization participation: Australia Group, BIS,
BSEC, CCC, CE, CERN, EAPC, EBRD, ECE, EIB, EMU, EU, FAO, G- 6, IAEA,
IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO,
IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO,
NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA,
UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIBH, UNOMIG, UPU, WEU,
WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC
Diplomatic representation in the US: chief of mission: Ambassador
Alexandros PHILON
chancery: 2221 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 939–5800
FAX: [1] (202) 939–5824
consulate(s) general: Boston, Chicago, Los Angeles, New York, and San Francisco
consulate(s): Atlanta, Houston, and New Orleans
Diplomatic representation from the US: chief of mission: Ambassador
R. Nicholas BURNS
embassy: 91 Vasilissis Sophias Boulevard, 10160 Athens
mailing address: PSC 108, APO AE 09842–0108
telephone: [30] (1) 721–2951
FAX: [30] (1) 645–6282
consulate(s) general: Thessaloniki
Flag description: nine equal horizontal stripes of blue alternating with white; there is a blue square in the upper hoist-side corner bearing a white cross; the cross symbolizes Greek Orthodoxy, the established religion of the country
Greece Economy
Economy - overview: Greece has a mixed capitalist economy with the public sector accounting for about half of GDP. Tourism is a key industry, providing a large portion of GDP and foreign exchange earnings. Greece is a major beneficiary of EU aid, equal to about 4% of GDP. The economy has improved steadily over the last few years, as the government has tightened policy in the run-up to Greece's entry into the EU's Economic and Monetary Union (EMU) on 1 January 2001. In particular, Greece has cut its budget deficit to below 1% of GDP and tightened monetary policy, with the result that inflation fell from 20% in 1990 to 3.1% in 2000. Major challenges remaining include the reduction of unemployment and further restructuring of the economy, including the privatization of some leading state enterprises. Growth, 3.8% in 2000, may fall off to 3%-3.5% in 2001.
GDP: purchasing power parity - $181.9 billion (2000 est.)
GDP - real growth rate: 3.8% (2000 est.)
GDP - per capita: purchasing power parity - $17,200 (2000 est.)
GDP - composition by sector: agriculture: 8.3%
industry: 27.3%
services: 64.4% (1998)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: 3%
highest 10%: 25.3% (1993 est.)
Inflation rate (consumer prices): 3.1% (2000 est.)
Labor force: 4.32 million (1999 est.)
Labor force - by occupation: industry 21%, agriculture 20%, services 59% (2000 est.)
Unemployment rate: 11.3% (2000 est.)
Budget: revenues: $45 billion
expenditures: $47.6 billion, including capital expenditures of $NA (1998 est.)
Industries: tourism; food and tobacco processing, textiles; chemicals, metal products; mining, petroleum
Industrial production growth rate: 7% (2000 est.)
Electricity - production: 46.432 billion kWh (1999)
Electricity - production by source: fossil fuel: 89.6%
hydro: 9.72%
nuclear: 0%
other: 0.68% (1999)
Electricity - consumption: 43.343 billion kWh (1999)
Electricity - exports: 1.65 billion kWh (1999)
Electricity - imports: 1.811 billion kWh (1999)
Agriculture - products: wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Exports: $15.8 billion (f.o.b., 2000)
Exports - commodities: manufactured goods, food and beverages, petroleum products
Exports - partners: EU 49% (Germany 15%, Italy 13%, UK 6%), US 6% (1999)
Imports: $33.9 billion (c.i.f., 2000)
Imports - commodities: manufactured goods, foodstuffs, fuels, chemicals
Imports - partners: EU 66% (Italy 15%, Germany 15%, France 9%, UK 6%) (1999)
Debt - external: $57 billion (2000 est.)
Economic aid - recipient: $5.4 billion from EU (1997 est.)
Currency: drachma (GRD); euro (EUR)
note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Greece (which entered the European Monetary Union on 1 January 2001) at a fixed rate of 340.750 drachmae per euro and will replace the local currency for all transactions in 2002
Currency code: GRD; EUR
Exchange rates: drachmae per US dollar - 380.21 (December 2000), 365.40 (2000), 305.65 (1999), 295.53 (1998), 273.06 (1997), 240.71 (1996)
Fiscal year: calendar year
Greece Communications
Telephones - main lines in use: 5.431 million (1997)
Telephones - mobile cellular: 937,700 (1997)
Telephone system: general assessment: adequate, modern networks reach all areas; good mobile telephone and international service
domestic: microwave radio relay trunk system; extensive open wire connections; submarine cable to offshore islands
international: tropospheric scatter; 8 submarine cables; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), 1 Eutelsat, and 1 Inmarsat (Indian Ocean region)
Radio broadcast stations: AM 26, FM 88, shortwave 4 (1998)
Radios: 5.02 million (1997)
Television broadcast stations: 36 (plus 1,341 low-power repeaters); also two stations in the US Armed Forces Radio and Television Service (1995)
Televisions: 2.54 million (1997)
Internet country code: .gr
Internet Service Providers (ISPs): 27 (2000)
Internet users: 1.33 million (1999)
Greece Transportation
Railways: total: 2,548 km
standard gauge: 1,565 km 1.435-m gauge (36 km electrified; 23 km double track)
narrow gauge: 961 km 1.000-m gauge; 22 km 0.750-m gauge (a rack-type railway for steep grades)